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2024 Compare Cities Economy:
New Hope, MN vs Carmel, IN

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Highlights
- Household income in Carmel, is 84% more than it is in New Hope and is 42% above the National Average.
- New Hope unemployment rate is 4.2%.
- Carmel unemployment rate is 3.0%.

Economy
 New Hope, MNCarmel, INUnited States
 Unemployment Rate4.2%3.0%6.0%
 Recent Job Growth1.8%2.5%1.6%
 Future Job Growth36.9%43.8%33.5%
 Sales Taxes7.5%7.0%6.2%
 Income Taxes7.1%4.2%4.6%
 Income per Cap.$35,577$64,078$37,638
 Household Income$64,929$119,772$69,021
 Family Median Income$92,622$157,200$85,028
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 Est. Households By Income
 New Hope, MNCarmel, INUnited States
 Income Less Than 15K6.8%3.0%9.4%
 Income between 15K and 20K2.5%1.2%3.8%
 Income between 20K and 30K10.3%2.7%8.1%
 Income between 30K and 40K9.0%4.3%8.0%
 Income between 40K and 50K8.0%4.9%7.6%
 Income between 50K and 60K9.4%6.2%7.2%
 Income between 60K and 75K10.2%9.0%9.6%
 Income between 75K and 100K10.3%10.4%12.8%
 Income between 100K and 150K23.3%17.8%16.3%
 Income between 150K and 200K4.6%13.2%7.8%
 Income greater than 200K5.7%27.2%9.5%
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 Population By Occupation
 New Hope, MNCarmel, INUnited States
 Management, business, finance15.5%28.0%16.4%
 Engineering, computers, science7.3%13.4%6.5%
 Community, social services2.0%1.8%1.8%
 Legal0.3%2.9%1.2%
 Education, library5.1%5.9%6.2%
 Arts, design, media, sports, entertainment3.3%2.8%2.0%
 Healthcare practitioners and technology3.4%9.7%6.2%
 Healthcare support7.6%0.9%3.3%
 Firefighters, law enforcement1.7%0.8%2.1%
 Food preparation, serving5.1%5.3%5.4%
 Building maintenance3.2%1.5%3.6%
 Personal care1.7%1.7%2.6%
 Sales, office, administrative support22.3%18.7%20.9%
 Farming, fishing, forestry0.0%0.0%0.6%
 Construction, extraction, maintenance/repair5.7%2.1%8.1%
 Production, transportation, material moving15.6%4.5%13.1%

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Reviews for New Hope    2 Reviews

Over 8 years ago

There are 12 Jehovah's witnesses withing a 5 mile radius of Cooper High School, yet this religion is not  More

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Over 15 years ago

I am always cold  More

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Reviews for Carmel    26 Reviews

I moved to Carmel from France and I lived there for 20 years. I moved to Indianapolis recently (I miss Carmel). I liked Carmel because it is clean, safe, pretty, it has  More

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This place has just about every corporate chain hotel imaginable. I come for business, and it is a nice place to do business. Carmel seems to sucking the corporate  More

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Over 9 years ago

Carmel is hands down the best place to live in  More

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ZIPS IN NEW HOPE, MINNESOTA
55428
ZIPS IN CARMEL, INDIANA
46032 46033 46290

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